Rich ‘Bundlers’ Kickstart Obama's Campaign

Charlie Neibergall / AP Photo

Here's something to cheer President Obama up during the debt ceiling debacle. His campaign is off to a very strong start, raising $46.3 million form April to June this year. Much of that money came from “bundlers,” wealthy donors who organize their friends to give to the campaign. The list of big donors released by the Obama campaign includes Hollywood mogul Jeffrey Katzenberg and fashion editor Anna Wintour. Donors who gave $200 or less accounted for a third of the total. Mitt Romney is Obama's closest fundraising contender, but he's raised only $18.4 million so far.